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Old Pokey
Posted 9/27/2012 20:52 (#2612016 - in reply to #2611598)
Subject: RE: Apparently Badger is the only one with enough sense to use corps to even the business cycle.....


jakescia - 9/27/2012 11:15

Every type of business has a business cycle..........production ag's is worse than most due to the number of variables beyond the producer's control.

C corps are the vehicles designed to handle that problem, plus allowing internal financing of high capital expenditures (ie big iron).

The "employee benefits" associated with the c corps are vastly greater than those associated with sole proprietors, partners, and s corp shareholders.

Save the taxes first.........then send a contribution to the Whitehouse if you think they deserve it.

As Judge Learned Hand said.........paraphrased..........anyone paying more taxes than the law extracts is foolish.

 No, Badger is just the only one with sense that replied here. Lots of people with sense just choose not to voice their thoughts on a forum board anymore.

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